Market analytics · September 2026 archive
Springville, Utah real estate market report.
Monthly sold prices, days on market, sale-to-list ratio, and absorption rate. Updated nightly from UtahRealEstate.com and the Washington County Board of Realtors.
Updated · Sources: UtahRealEstate.com & Washington County Board of Realtors
September 2026 · Market Analysis
Springville's 117 listings and a 7.5% rate leave sellers negotiating
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Springville's housing market added supply again in September, with 117 active listings, up from 104 in August. Homes that closed sold for a median home price of $516,000, up from $442,500 a year ago. Buyers now have room to bargain: 15 of the 20 sales closed below list, and the sale-to-list ratio was 97%. At this month's pace it would take about 6 months to sell every home listed, versus 3 a year ago.
Market pulse
Supply has done most of the moving. Active listings rose from 71 in April to 117 in September. Over the same stretch, closings slid from 35 to 20. Sale-to-list slipped from 98.4% in August to 97%. Only 1 of September's 20 sales closed exactly at list, and 15 closed below it.
Mortgage context
Ten of September's 20 closings landed between $400,000 and $700,000, at a median $536,500. That is the range where a 7.5% rate pinches most, since the loans are big enough that a small rate move shifts the payment by real money. Seven homes sold under $400,000 at a median $322,900, and those buyers feel the rate less.
Payment math
Financing Springville's $516,000 median home price with 20% down costs $2,886 a month in principal and interest at 7.5%, which is $105 more than the $2,781 at 7.125% thirty days ago, and $299 above April's low, when rates averaged 6.42% and the payment would have been $2,587.
If you're buying
Focus on listings that have sat past 50 days. The $400,000 to $700,000 band took a median 51 days to sell, and most deals closed under list. In Jessies Brook, two homes closed at a median $536,500 after 54 days, a useful benchmark if you're shopping that area. Ask for a price cut or seller-paid rate help rather than assuming list price is firm.
If you're selling
Buyers paid about 97% of list in September, so a $549,000 asking price (the median list) tends to land near $533,000. Seven of the 20 closings took a price cut first. Price where recent sales closed, not where listings are asking, or expect to cut later. If you're in Jessies Brook or Country Springs, check what nearby homes took, since those sold in 54 and 68 days.
Outlook
Showings usually thin as the cold sets in through December, and with 36 new listings in September the pace of new supply is already slowing. Rates moved up 0.375 points in the past 30 days, which keeps a lid on buyer demand. Expect homes to keep sitting, with price cuts more common than bidding.
Watch for
If closings hold near 20 a month and new listings stay near 36, active inventory would drift toward 130 by December, about 6.5 months of supply. Sale-to-list would likely slip into the mid-96% range.
"Springville's list of homes keeps growing while sellers give up more off the asking price"
Common questions about Springville this month
What is the median home price in Springville? ▾
The median sale price in Springville was $516,000 in September 2026, up from $442,500 a year earlier. The average sale price was $530,338. The two differ because three sales above $700,000, at a median $879,900, pull the average up. The median list price was $549,000.
Is Springville a buyer's or seller's market? ▾
It leans toward buyers in September 2026. Active listings reached 117, about 6 months of supply, and 15 of 20 sales closed below list. The sale-to-list ratio was 97%, down from 98.4% in August.
How much is my Springville home worth? ▾
Start from the $516,000 median sale price and the 97% sale-to-list ratio. Homes took a median 42 days to sell in September. Your own home's value depends on what similar homes nearby sold for recently, so compare closed sales in your subdivision.
How have rates changed the monthly payment in Springville? ▾
At 7.5%, principal and interest on a $516,000 home with 20% down is $2,886 a month. That is $105 more than a month ago at 7.125%. It is $299 above the April payment of $2,587.
Number of Listings
Active inventory · new listings · sold per month
Listing Prices
Active median list · new median list · sold median sale
Absorption Rate
Months of supply — active inventory ÷ monthly sold rate
Sale-to-List Ratio
Close price ÷ list price — buyer/seller leverage
Days on Market
Median days from listing to under contract
Price Volume
Total dollar volume — active · new · sold per month
September 2026 cohort breakdown
Distribution of what closed last month — by price band, sale-vs-list outcome, and top subdivisions.
How sales priced vs asking
30 sold homes that had a list price recorded
Days on market spread
Quartile distribution
Median 38 · 25th percentile 12 · 75th percentile 51
Needed a price change
Sold listings that had a recorded price change before close
11 of 30 sold homes had at least one price change while listed. Lower = sellers are pricing right the first time.
Sales by price band
Closed-price bucket → sold count and median days to contract
Top neighborhoods this month
Named subdivisions ranked by homes sold · median price · median days to contract
- 1. Jessies Brook 2 sold · 54d
- 2. Springville Heights 2 sold · 8d
- 3. Townhomes At Camelot Village 2 sold · 34d
- 4. Cherrington Heights 1 sold · 31d
- 5. Mill Pond 1 sold · 0d
- 6. Mc Johnson Family 1 sold · 5d
- 7. Upper Whittemore 1 sold · 32d
- 8. Crystal Springs 1 sold · 42d
September 2026 by property type
How each housing type performed last month — 27 closings total across subtypes.
Summary Statistics
| Metric | Sep-26 | Sep-25 | % Chg | 2026 YTD | 2025 YTD | % Chg |
|---|---|---|---|---|---|---|
| Sold Count | 30 | 24 | +25.00% | 247 | 246 | +0.41% |
| Median Sale Price | $419,500 | $442,500 | -5.20% | $458,241 | $486,608 | -5.83% |
| Median DOM | 38 | 37 | +2.70% | 33 | 33 | 0.00% |
| Sale-to-List Ratio | 97.10% | 98.21% | -1.13% | 98.85% | 98.97% | -0.12% |
Sources: UtahRealEstate.com and the Washington County Board of Realtors, aggregated by Best Utah Real Estate. Sale-to-list ratio compares closing price to the final list price (post-reduction). Absorption rate = active inventory ÷ monthly sold rate.